Capital Market Impact

Cycle Watch | November 2023: Headwinds threaten to slow growth

November 10, 2023
Man sitting at laptop while stirring coffee

The economy grew almost 5% in the third quarter, its most robust pace in nearly two years. The gains come despite the persistent headwinds of higher prices and rising interest rates. The economy’s resilience will be tested in the fourth quarter by the resumption of student loan repayments and fears of a government shutdown.


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